More startups are being spun out of Klarna than any other European fintech unicorn

Key Points

Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from venture capital firm Accel.
Out of 98 venture-backed fintech unicorns in the region, 82 have produced 635 new tech-enabled startups, according to Accel’s report.
Accel labels these companies “founder factories,” on the basis that they have become breeding grounds for talent that often go on to establish their own firms.

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